Under contract. Wonder if one of the forum members bought it
Most dual occs like that are illegal in sa. Without approval its a risky buy
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Under contract. Wonder if one of the forum members bought it
Most dual occs like that are illegal in sa. Without approval its a risky buy
A few of my Chinese friends have already bought in Magill, Tranmere etc - zoned to Magill Primary School and Norwood morialta high.
I think the schooling is going to be a factor that will continue to increase in SA. Whilst I don't think it's a huge factor now, I do have clients who are buying specifically in catchment areas in the schools mentioned.
Different city is in different part of the cycle. 2 years ago Adelaide was at 6 o'clock whereas perth would've been at about 9. Adelaide is always behind the main cities when it comes to the growth cycle. As a result things are usually less volatile here.
What I can gather is more and more investors coming into Adelaide mainly because of affordability and for metro cashflow neutral/positive properties.
Most Searched Property Locations in 2014 from Realestate.com.au
http://www.businessinsider.com.au/h...every-state-for-the-last-three-months-2014-12
1. Parkside (SA)
2. Unley (SA)
3. Engadine (NSW)
4. Norwood (SA)
5. Albert Park (VIC)
6. Unley Park (SA)
7. Cherrybrook (NSW)
8. Holland Park (QLD)
9. Bella Vista (NSW)
10. Ringwood North (VIC
4 of the top 6 in Adelaide
Bear in mind that this is for realestate.com.au only. I might be wrong, but I think domain.com.au is more popular in some states.
my explanation is that Adelaide being a much smaller city has fewer "suburbs of interest", thus the search queries are more concentrated amongst a bunch of popular suburbs. whereas in sydney and melb etc there are far more suburbs available to choose from so the searches are spread more thinly across the board.
Wow,what a dumb move advertising the fact what you are selling is illegal to do, and a even dumber buyer following the $$$$$ signs,one can only hope a smart conveyancer picks it up.